Overall market: Bullish phase
Short term market: Money coming in
TC2000 McClellan: Neutral 12
Stocks above 40PMA: 60% (+4%)
Seasonality: Weak, September typically weakest of the year, especially 2nd half
1%+ sectors yesterday:
- $XLY 1.8%
- $XLI 1.1%
- $XLS 1.0%
Weakest sector yesterday: $XLU
Leading sectors month trailing:
- Main – $IBB $XLY (no change)
- Sub – $TAN $JETS (no change)
Lagging sectors month trailing:
- Main – $XLU $XLI ($XLK replaced by $XLU)
- Sub – $HACK $IYT ($SMH replaced by $IYT)
Are breakouts working: No
Are breakdowns working: No
Should I be trading: No, no follow through long or short.
Stock goat 